SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Purchased by Modern Wealth Management LLC

Modern Wealth Management LLC raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 23.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,034 shares of the company’s stock after acquiring an additional 1,352 shares during the period. Modern Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $279,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in SPEM. Vicus Capital lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.6% in the 4th quarter. Vicus Capital now owns 11,981 shares of the company’s stock worth $460,000 after purchasing an additional 299 shares during the last quarter. Occidental Asset Management LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 0.7% in the fourth quarter. Occidental Asset Management LLC now owns 46,414 shares of the company’s stock valued at $1,781,000 after buying an additional 312 shares during the last quarter. McClarren Financial Advisors Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 12.3% in the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock valued at $110,000 after buying an additional 316 shares during the last quarter. Iams Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the fourth quarter. Iams Wealth Management LLC now owns 29,858 shares of the company’s stock valued at $1,146,000 after acquiring an additional 330 shares during the period. Finally, Alliance Wealth Advisors LLC UT grew its position in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the fourth quarter. Alliance Wealth Advisors LLC UT now owns 18,744 shares of the company’s stock worth $719,000 after acquiring an additional 330 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.5 %

NYSEARCA SPEM opened at $40.07 on Friday. The company has a 50-day moving average price of $39.46 and a two-hundred day moving average price of $39.65. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88. The stock has a market cap of $10.59 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67.

About SPDR Portfolio Emerging Markets ETF

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.